News from PFEEF 
November 23, 2009
 
 
                            Home   About Us   ROI Model   Key Questions
Nearly Half of Job Changers Cash Out 401(k)s
The consulting firm Hewitt finds that last year 46% of job changers/laid-off workers cashed out their 401(k)s, while 25% rolled over the funds into an IRA or new employer plan and 29% kept their savings in their prior employer's plan.  This 46% statistic has remained about the same for the past four years.
 
Reported in Employee Benefit News (11-01-09)
 Book For Sale: "Delivering Financial Literacy Instruction to Adults"
Garman and Gappinger's 17 chapters discuss how employers profit with financial literacy, the value proposition for workplace financial programs, and how to communicate effectively. Call Heartland Institute of Financial Education, 303-597-0197, $70 (which includes shipping).
Quote
 
"He is richest who is content with the least, for contentment is the wealth of nature."
 
Socrates, 469 B.C.
 
        
"Featured Partner - Best Provider " 
 
Advantage Publications creates and publishes informative, motivating and user-friendly booklets and slide calculators for use in education, marketing/sales, and communication programs. All Advantage products are available personalized (name, logo, contact information, message) and in custom editions to meet special needs. PFEEF's Tom Garman says their Interactive Slide Calculators for Personal Finances are the absolute best "honey moment" slide calculators in the world because they show employees and spouse how to help themselves.

 What's Your "Personal Financial Wellness" (PFW) Score?
Answer these eight questions to find out
5,000 professionals receive this newsletter and 150 approved PFW users
PFEEF Mission: "Sharing research, expertise, and best practices demonstrating that profits increase by providing employees easy access to resources to reduce personal finance distress and improve financial well-being." Everything on the PFEEF website is available for your use at no cost!
Opt-in/Opt-out  PFEEF does not send or condone the sending of unsolicited commercial email. Subscribers are added to our electronic newsletter on an opt-in permission basis and may unsubscribe through links in every mailing.